ASIAN COMMUNITY DEVELOPMENT CORP

BOSTON, MA, 02111-0000 (617) 482-2380 Est. 1987 EIN 04-2988263

L20Z - Housing & Shelter 990 - Public charity return 501(c)(3)

www.asiancdc.org

Mission

THE ASIAN COMMUNITY DEVELOPMENT CORPORATION (ACDC) WORKS IN UNDERSERVED AND IMMIGRANT ASIAN AMERICAN COMMUNITIES IN THE GREATER BOSTON REGION TO CREATE AND PRESERVE AFFORDABLE, SUSTAINABLE, AND HEALTHY NEIGHBORHOODS. WE ACHIEVE THIS BY BUILDING AFFORDABLE HOMES AND VIBRANT SPACES, EMPOWERING FAMILIES WITH ASSET-BUILDING TOOLS, AND STRENGTHENING COMMUNITIES THROUGH RESIDENT AND YOUTH LEADERSHIP.

Financials

Total Revenue

$4,785,869

Total Expenses

$3,733,823

Net Assets

$24,705,760

15 employees 100 volunteers

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

6.6 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 5.6%

Expenses ↓ 5.6%

Revenue Sources

Contributions 33.3% Earned revenue 56.1% Investment 6.2% Other 4.0%

Expense Breakdown

Program 73.5% Management 20.3% Fundraising 6.2%

Officers & Key Employees (16)

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Grants Received (112)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$4,785,869 ↓	$3,733,823	$24,705,760
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$5,068,505 ↑	$3,954,751	$24,100,634
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$3,536,365 ↑	$3,083,157	$22,865,307
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$3,168,257 ↑	$2,299,206	$20,983,927
2019 990 - Public charity return Jan 1, 2019 to Dec 31, 2019	$2,516,433 ↑	$1,919,499	$20,011,262
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$1,291,737	$1,587,324	$7,005,785